Chris Christie's Corporate Welfare Growth Strategy

Chris Christie's Corporate Welfare Growth Strategy

New Jersey Republican Governor Chris Christie leaves the North Lawn of the White House in Washington, DC, February 27, 2012, following a meeting of the National Governors Association with US President Barack Obama.

Needless to say, there's nothing wrong with a jurisdiction using low taxes as a lure for business investment. But the correct way to do this is to manage your public expenditures prudently and then offer a relatively low tax environment across the board. The game of maintaining relatively high statutory rates and then handing out special breaks to politically influential firms just opens the door to corruption and abuse, while disadvantaging both small firms and especially the kind of potentially fast growing startups that account for the bulk of net job creation in a dynamic economy.

March 3 2015 1:39 PMThe “Most Pleasurable Portrayal of Libertarianism“ Bonus SegmentDavid, Emily, and John discuss what Parks and Recreation got right about government.Emily Bazelon, David Plotz, and John Dickerson